§ 10-11-10. Gambling.
It is unlawful for any person to engage in gambling, namely, the risking of any money, credit, deposit or other thing of value for gain, contingent in whole or in part upon lot, chance, the operation of a gambling device or the happening or outcome of an event, including a sporting event, over which the person taking a risk has no control, but not including:
(1)
Circumstances involving a person who engages in professional gambling, which entails aiding or inducing another to engage in gambling and having, other than by virtue of skill or luck, a lesser chance of losing or a greater chance of winning than one (1) or more of the other participants;
(2)
Any game, wage or transaction which is incidental to a bona fide social relationship, is participated in by natural persons only and in which no person is participating, directly or indirectly, in professional gambling;
(3)
Bona fide contests of skill, speed, strength or endurance in which the awards are made only to entrants or owners of the entries;
(4)
Bona fide business transactions which are valid under the law of contracts; or
(5)
Other acts or transactions nor or hereafter expressly authorized by law. (Ord. 18-1994 §11-110; Ord. 11-2007 §1)